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Dec 10, 2012
12/12
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KCSM
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president obama says he won't budge when it cos to ending the bush tax cuts for the wealthy. and as rumors mount that some reblicans may be willing to give grod on taxes, conservatives in the party are shouting, "remember the alamo!" and demanding their leaders in congress yield not an inch. dozens of conservative activists, outraged at the prospect of compromise, have sent an open letter to publicans in the house and senate "to stand firm and not surrender your conservative inciples." their hero, of course, is this man, known around town simply as grover. no, not the muppet, but chief enforcer of the notorious norquist pledge against taxes. republican candidates for office must sign or risk defeat by right-wiandidas in primaries where a turnout of die-hard partisans can decide the outcome. among republic politicians, fear of grover has been grear even than fear of god, and suc fear has kept republicans in congress from voting to raise taxes for 22 years, althe way back to 1990. mickey edwards was stilln congress the an-ter eightreprestive from oklahoma, and a formidable lead
president obama says he won't budge when it cos to ending the bush tax cuts for the wealthy. and as rumors mount that some reblicans may be willing to give grod on taxes, conservatives in the party are shouting, "remember the alamo!" and demanding their leaders in congress yield not an inch. dozens of conservative activists, outraged at the prospect of compromise, have sent an open letter to publicans in the house and senate "to stand firm and not surrender your conservative...
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Dec 10, 2012
12/12
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WBAL
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and retailers. >>> president obama and house speaker john boehner are keeping mum on their face-to-face negotiations at the white house sunday as they try to avoid the fiscal cliff. as the clock ticks down, it appears some republicans may be softening their stance. brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush tax cuts, to me i would get that off the table so they don't worry about it. >> reporter: democrats insist taxes are going up on th
and retailers. >>> president obama and house speaker john boehner are keeping mum on their face-to-face negotiations at the white house sunday as they try to avoid the fiscal cliff. as the clock ticks down, it appears some republicans may be softening their stance. brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the...
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Dec 5, 2012
12/12
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WETA
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citigroup announces major layoffs, cutting 11,000 jobs. is this a sign of things to come in corporate america? >> tom: i'm tom hudson. president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
citigroup announces major layoffs, cutting 11,000 jobs. is this a sign of things to come in corporate america? >> tom: i'm tom hudson. president obama tries to win over top business leaders, warning republicans are holding the global economy hostage over the fiscal cliff.
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Dec 8, 2012
12/12
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MSNBCW
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president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone conversation with the president. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> boehner says the president is not being a helpful negotiator, even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussi
president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone...
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Dec 7, 2012
12/12
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MSNBCW
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proposal with $4 trillion in deficit reduction that does it without cutting benefits. we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's jobs report do for the president's hand in these negotiations? >> it just continues to add to the idea that we continue to make slow and steady progress. that we need to make more progress, and that you can see that although we've created jobs in the private sector i think for 33 straight months, you have a fragile recovery that we know a fiscal cliff would really impact in a dramatic way. we want to make sure we aavovoi that. we have an easy, no-brainer thing to do to give that certainty and another shot in the arm to the economy. and that is extend the middle class tax cuts. simple, no-brainer thing to do we agree on. >> really quickly here. ten seconds before we get out of here. how wid
proposal with $4 trillion in deficit reduction that does it without cutting benefits. we have an opportunity to administrator years of solvency to medicare and medicaid. we need republicans to sit down at the table and embrace the notion you need a balanced approach. they need to send that middle class tax cut extension bill to the president's desk. >> what, if anything, does today's jobs report do for the president's hand in these negotiations? >> it just continues to add to the...
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Dec 7, 2012
12/12
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MSNBC
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think about that. >> jim demint is cutting and running. john boehner is in a box. grover norquist near oblivion. karl rove benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest republican fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric dyson and donna gentile-o'donnell on the political fallout. howard dean on chris christie's big decision on the obama care exchange. and apple's ceo breaks big news to nbc's brian williams. >> next year, we will do one of our existing mac lines in the united states. >> tonight, a story of economic patriotism in an era of bain capital with e.j. dionne. good to have you with us tonight, folks. thanks for watching. the reality of the election is start to set in on members of the republican party. republican senator jim demint of south carolina is leaving capitol hill to become president of the heritage fo
think about that. >> jim demint is cutting and running. john boehner is in a box. grover norquist near oblivion. karl rove benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest republican fiasco. >>> plus, congressman chris van hollen on john boehner's latest concession on the fiscal cliff. michael eric...
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Dec 7, 2012
12/12
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MSNBCW
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he knows fail to cut this on schedule is a risk of unclear dimension. nobody knows, i don't, how bad the whirlwinds will be if he we fail to do this on time. one thing for certain, no guarantee that a huge drop in faith of the world economic markets will be followed by a quick rebound. as i said, this is a real cliff, not a bungee jump. that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans, welcome to "the ed show" from new york. senator jim demint has met his waterloo. this is "the ed show." let's get to work. >> one republican senator said, i'm quoting him now, if we're able to stop obama on this, it will be his waterloo. it will break him. think about that. >> jim demint is cutting and running. john boehner is in a box. grover norquist near oblivion. karl rove benched on fox news. and the real action of barack obama has sent the republican party into total disarray. >> that's what i'm talking about. >> congressman jim clyburn of south carolina and eugene robinson on the latest
he knows fail to cut this on schedule is a risk of unclear dimension. nobody knows, i don't, how bad the whirlwinds will be if he we fail to do this on time. one thing for certain, no guarantee that a huge drop in faith of the world economic markets will be followed by a quick rebound. as i said, this is a real cliff, not a bungee jump. that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans,...
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Dec 11, 2012
12/12
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CSPAN2
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president obama has offered not real specific plan for spending cuts. in fact he has offered to, he wants to do a little bit of economic stimulus for job creation. but he has offered about 400 billion in medicare cuts as a starting point. but president obama is, seems to be going to the mat on raising the top two tax brackets for households earning 250,000 or more. and this is what the republicans, political and for historical reasons have had the most trouble with. >> host: house republicans according to the "usa today", we're looking 300 billion in mandatory savings and 300 billion in discretionary savings. that is their proposal so far put out by the speaker. what are we talking about here? >> guest: the best indicator of that would be the budget passed by the house compiled by paul ryan, the chairman of the budget committee who recently ran for vice president and it includes budget category cuts like in transportation or in social services for income security. it doesn't get down to the specific programs level but he is talking, you know, 26% cut in
president obama has offered not real specific plan for spending cuts. in fact he has offered to, he wants to do a little bit of economic stimulus for job creation. but he has offered about 400 billion in medicare cuts as a starting point. but president obama is, seems to be going to the mat on raising the top two tax brackets for households earning 250,000 or more. and this is what the republicans, political and for historical reasons have had the most trouble with. >> host: house...
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Dec 5, 2012
12/12
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CSPAN
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then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, was that was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 the estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms. the number a hits is a small fraction. host: if nothing happens, what happens to the estate tax? guest: then it goes back to the levels of an exemption of $1 million. host: and that co
then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu...
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Dec 5, 2012
12/12
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CNNW
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republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from
republicans offered president obama a proposal that retained the bush tax cuts for the wealthy, and now they say the ball is in the president's court. >> this week we made a good faith offer to avert the fiscal crisis. now we need a response from the white house. we can't sit here and negotiate with ourselves. >> both sides promise to cut trillions from government spending over the next decade, but the republicans insist they can do it without raising taxes on the rich. president...
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Dec 10, 2012
12/12
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CSPAN2
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democrats agree sending the senate-passed tax cut to president obama's desk is the quickest and most sensible way out of this crisis. avoiding the fiscal cliff is no excuse for republicans to replace this artificial crisis with another one. congress should pass the proposal to end periodic standoffs over the debt ceiling. this plan would give president obama the authority to avoid default over the nation's bills. democrats are ready to vote any time but first senator mcconnell needs to stop filibustering his own legislation rhode island now speaker boehner and minority leader mcconnell are the only thing standing between congress and compromise. it's time for them to prove to american families that they're more interested in protecting the medal class than pleasing the tea party. mr. president, on another subject, i rise to honor our colleague, the senior senator from nebraska, ben nelson, upon his retirement from the united states senate, to become effective after the first of the year. for 12 years senator nelson has been a valued member of the democratic caucus and an exemplary se
democrats agree sending the senate-passed tax cut to president obama's desk is the quickest and most sensible way out of this crisis. avoiding the fiscal cliff is no excuse for republicans to replace this artificial crisis with another one. congress should pass the proposal to end periodic standoffs over the debt ceiling. this plan would give president obama the authority to avoid default over the nation's bills. democrats are ready to vote any time but first senator mcconnell needs to stop...
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Dec 13, 2012
12/12
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KGO
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every federal program is cut. and there's no signs of any progress from president obama and house speaker john boehner, which is raising the tension on capitol hill. abc's jonathan karl is there. and both sides are giving up hope of solving this by christmas. >> reporter: that's right. in fact, speaker boehner and republican leaders have warned rank and file republicans that they should be prepared to be here in washington, through christmas, and until the new year. the two sides don't even agree on what's holding everything up. the white house says that everything could be resolved quickly if republicans just agreed to raise tax rates on the wealthy. republicans say what's really the problem here is the white house won't get serious about spending cuts. >> everyone waiting on those two men. meanwhile, one of the side casualties may be that funding for the victims of hurricane sandy. >> reporter: that's right. i do not think that hurricane sandy funding, the $60 billion request from the white house, will get done
every federal program is cut. and there's no signs of any progress from president obama and house speaker john boehner, which is raising the tension on capitol hill. abc's jonathan karl is there. and both sides are giving up hope of solving this by christmas. >> reporter: that's right. in fact, speaker boehner and republican leaders have warned rank and file republicans that they should be prepared to be here in washington, through christmas, and until the new year. the two sides don't...
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Dec 12, 2012
12/12
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CSPAN2
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it would extend for one full year all of the bush-era tax cuts on middle-class families. now, that's sitting in front of the house of representatives. president obama has said, if they pick it up and pass it tomorrow, i'll put my pen to tot immediately. that's one thing that could be done right now. but the house republicans will not take it up. i say, if they were to take it up today -- they are not doing anything over there anyway -- pick it up today, pass it, the president signings it, i sigh you're going to see a -- i think you're going to see middle-class families do a little more christmas shopping and that'll help spur our economy. i would point out that some of my friends on the other side of the aisle here and in the house have been talking about do that very thing. so there are some republicans that recognize that this would be one of the best things we could do; that is, pass the middle-class tax cut that we passed here in july. nonetheless, i keep hearing that what we really need to do to drove the so-called fiscal cliff -- to address the so-called fiscal clif
it would extend for one full year all of the bush-era tax cuts on middle-class families. now, that's sitting in front of the house of representatives. president obama has said, if they pick it up and pass it tomorrow, i'll put my pen to tot immediately. that's one thing that could be done right now. but the house republicans will not take it up. i say, if they were to take it up today -- they are not doing anything over there anyway -- pick it up today, pass it, the president signings it, i...
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Dec 12, 2012
12/12
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MSNBCW
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now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some republicans you say who are willing to go out on a ledge and say it's time to look at this. and what are the costs of doing that politically? >> well, they are, and part of it is the changing times. it's not the cold war anymore. it's these younger members who are coming up. also to be consistent, you have members saying why are we opposing the sequester? why are we panicked that these spending cuts might take place? this is what we want. so that's another fight that's in the conference. are they going to be totally consistent on spending, or are they go
now defense cuts. more and more republicans are saying that they're willing to talk about it. >> good. >> saying it junt cuts their credibility on other spending issues. >> good. >> it's the pentagon. >> there is so much waste in the pentagon. it's one of the few bureaucracies you can't audit. it is impossible. whether you're talking to peter peterson, dave walker, they tell you, you can't audit the pentagon. it is impossible. >> and yet there are some...
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Dec 13, 2012
12/12
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KGO
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i think overwhelmingly, the majority of americans support president obama on raising the taxes on the wealthiest. but i thought this was interesting. a majority of republicans think cuts to entitlement programs, should be made now, even if it's tough on families. but democrats think they should be continued to be funded at their current levels, even if it means passing on trillions of dollars of debt to future generations. >> that is the fox news poll just to be clear. >> that is the fox news poll. >> you would think if the issue is the president ran on the idea of raising tax rates for the wealthy, got re-elected on that idea of raising tax rates for the wealthy, the majority of americans seem to support that, even now, in the midst of the negotiations. isn't it time to seal the deal and be done? the white house seems to be taking the stance that until you agree not just to raise tax revenue and tax rates, that is where the president is going to put his feet in the cement on the issue. so that seems to be the gateway to get to what the republicans want which is deeper spending cuts.
i think overwhelmingly, the majority of americans support president obama on raising the taxes on the wealthiest. but i thought this was interesting. a majority of republicans think cuts to entitlement programs, should be made now, even if it's tough on families. but democrats think they should be continued to be funded at their current levels, even if it means passing on trillions of dollars of debt to future generations. >> that is the fox news poll just to be clear. >> that is...